New - 16 hours on Rocket
$3,266 Closing Credit¹
#25003159, Listing Office: Guide Realty, Inc.
Lexington-Fayette Northeast Housing Market Report January 2025•Fayette County, Kentucky
Housing Prices in Lexington-Fayette Northeast, KY
How much do homes in Lexington-Fayette Northeast, KY cost?
Housing Market Conditions
Is Lexington-Fayette Northeast, KY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lexington-Fayette Northeast is a Seller's Market
Difference Since January 2024
Since last year, Lexington-Fayette Northeast has remained a Seller's Market.
Insight
Lexington-Fayette Northeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$377,304$133/SqFt
+$27,019
+7.7%
Based on all homes sold in the last 12 months
Insight
Homes in Lexington-Fayette Northeast have sold for 7.7% more than they did a year ago.
Summary: The median home sold price in Lexington-Fayette Northeast was $377,304 in January 2025, up 7.7% from last year, and the median price per square foot was $133.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Ford-Boonesborough | $300K | $492.5K | +64.2% |
| Lexington-Fayette Northeast | $350.2K | $377.3K | +7.7% |
| Lexington-Fayette Central | $299.9K | $315K | +5.0% |
| Lexington-Fayette | $312.2K | $327.4K | +4.9% |
| Lexington | $312.9K | $327.3K | +4.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $200K | $202K | +1.0% |
| 33 Bedrooms | $290.5K | $306.3K | +5.5% |
| 44 Bedrooms | $439K | $455.3K | +3.7% |
| 55+ Bedrooms | $597.5K | $608.2K | +1.8% |
Summary: Lexington-Fayette Northeast housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +1.0%. The home price for 3 bedroom homes increased by +5.5%. The home price for 4 bedroom homes increased by +3.7%. The home price for 5 bedroom homes increased by +1.8%.
Housing supply in Lexington-Fayette Northeast, KY
How many homes are available in Lexington-Fayette Northeast, KY?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 195Last MonthJan 2025 | ||
| 2062 months agoDec 2024 | -5.3 % Change MoMDec – Jan |
Summary: The Lexington-Fayette Northeast real estate market had 195 homes for sale in Jan 2025, a 5.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 52Last MonthJan 2025 | ||
| 582 months agoDec 2024 | -10.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 16 | 17 | +6.3% |
| 33 Bedrooms | 88 | 84 | -4.5% |
| 44 Bedrooms | 74 | 62 | -16.2% |
| 55+ Bedrooms | 28 | 32 | +14.3% |
Summary: Lexington-Fayette Northeast housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +6.3%. The inventory for 3 bedroom homes decreased by -4.5%. The inventory for 4 bedroom homes decreased by -16.2%. The inventory for 5 bedroom homes increased by +14.3%.
Asking Price vs. Sold Price
How much do homes in Lexington-Fayette Northeast, KY cost?
Over Asking Price9 Homes
At Asking Price9 Homes
Under Asking Price34 Homes
Insight
If you're buying a home in Lexington-Fayette Northeast, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Lexington-Fayette Northeast in January 2025, down by 10.3% month-over-month. Of the 52 sold homes, 65% were sold under asking, 17% were sold at asking, and and 17% were sold over asking.
Days on Market for Lexington-Fayette Northeast, KY
How long does it take to sell a home in Lexington-Fayette Northeast, KY?
Breakdown of Home Sale Times
Under 30 Days27 Homes
30 – 90 Days15 Homes
Over 90 Days8 Homes
Insight
Many homes in Lexington-Fayette Northeast are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 52 homes were sold in Lexington-Fayette Northeast; 52% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 44 DaysThis YearJan 2025 | ||
| 38 Days1 year agoJan 2024 | +16.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Lexington-Fayette Northeast had an average listing age of 44 days in Jan 2025, up by 16.3% compared to the previous year.
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Newest Listings in Lexington-Fayette Northeast, KY
What homes are available in Lexington-Fayette Northeast, KY?
New - 20 hours on Rocket
$5,759 Closing Credit¹
#25003132, Listing Office: National Real Estate
New - 21 hours on Rocket
$3,622 Closing Credit¹
#25003116, Listing Office: Christies International Real Estate Bluegrass
New - 1 day on Rocket
$2,434 Closing Credit¹
#25003084, Listing Office: RE/MAX Creative Realty
New - 1 day on Rocket
$10,000 Closing Credit¹
#25003046, Listing Office: Coldwell Banker McMahan
New - 2 days on Rocket
$2,138 Closing Credit¹
#25002988, Listing Office: Real Broker, LLC
New - 2 days on Rocket
#25002996, Listing Office: ERA Select Real Estate
New - 2 days on Rocket
$7,933 Closing Credit¹
#25002986, Listing Office: WEICHERT REALTORS - ABG Properties
New - 7 days on Rocket
$8,063 Closing Credit¹
#25002758, Listing Office: Bluegrass Properties Group
New - 7 days on Rocket
$2,136 Closing Credit¹
#25002749, Listing Office: Real Broker, LLC
New - 7 days on Rocket
$2,553 Closing Credit¹
#25002701, Listing Office: Plum Tree Realty
#25002551, Listing Office: Bluegrass Properties Group
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MLS Disclaimers and Copyright
Based on information from Imagine MLS, for the period 02/01/2023 - 02/01/2025
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lexington-Bluegrass Association of Realtors Multiple Listing Service. Real estate listings held by IDX Brokerage firms other than this broker, are marked with the IDX logo or the IDX thumbnail logo and detailed information about them includes the name of the listing IDX Brokers. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025 LBAR Multiple Listing Service. All rights reserved.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.